ENGIE, Mitsubishi Corp. and NYK Line form Gas4Sea for LNG bunkering

ENGIE, Mitsubishi Corp. and NYK Line have launched Gas4Sea, a new brand for their joint marketing of LNG as a marine fuel around the world.

Gas4Sea aims to innovate through the ship-to-ship supply of LNG for the maritime sector.

In 2014, ENGIE, Mitsubishi Corporation, and NYK concluded a framework agreement for a partnership to develop LNG bunkering services. By combining NYK’s shipping expertise with ENGIE and Mitsubishi Corporation’s LNG supply portfolio and terminal access under the brand Gas4Sea, the partners will offer a cleaner, reliable, safe, and cost-effective service to shipping customers worldwide. Through their proven experience in their respective businesses, they will be able to tailor their LNG supply chains to the customers’ needs.

The partners will begin operations in Q4 of 2016, using a purpose-built LNG bunkering vessel (LBV) with a 5,000 cubic meters LNG capacity, the first of its kind in the market. Designed to adapt to the largest range of customers, it will be able to bunker vessels at the Belgian port of Zeebrugge, as well as other nearby ports.

The partners will expand their LNG bunkering services under Gas4Sea to meet more customers’ needs in other regions, in collaboration with stakeholders including shipping companies, port authorities, terminal operators, regional suppliers, and local governments and regulators.

Compared with conventional oil-based fuels, the use of LNG significantly reduces emissions from engine exhaust, enabling ship operators to comply with increasingly stringent maritime emissions regulations.

The development of LNG bunkering is steadily progressing. LNG’s proven safety record and widespread availability position LNG as a key alternative marine fuel.

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